P&I presents its interim results for the first half year of fiscal 2007/2008
Wiesbaden (euro adhoc) -
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companies/finances
In the first six months of the 2007/2008 fiscal year, the P&I group attained earnings before interest and taxes (EBIT) of 6.7 million euros compared to 4.7 million euros for the same period in the previous year. This has enabled it to raise the EBIT margin from 19.4 to a current 22.5 per cent.
Within the reporting period, group sales have risen by almost 25 per cent, from 24 million to 30 million euros. This includes software licensing sales of 9.8 million euros, which have increased by an impressive 71.4 per cent compared to the previous year. In the earnings after tax (EAT), the P&I group has improved its result compared to the previous year from 3.2 million to 4.7 million euros.
The result of the first six months of fiscal 2007/2008 meets sales and result expectations. At the same time, P&I confirms the forecast for the total fiscal year 2007/2008, increasing sales by approximately 10 per cent via organic growth and establishing the EBIT margin above 20 per cent.
The results will be presented in detail on November 8, 2007.
end of announcement euro adhoc 31.10.2007 09:59:22
Further inquiry note:
Andreas Granderath
Telefon: +49(0)611 7147 267
E-Mail: agranderath@pi-ag.com
Branche: Software
ISIN: DE0006913403
WKN: 691340
Index: CDAX, Prime All Share, Technologie All Share
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